In a Statistical Bake-Off, Fairfax Trumps Montgomery County
✉️ Want to forward this article? Click here.
Fairfax County
In the continuing battle for who is DC’s better neighbor — Fairfax County or Montgomery County — the Virginia county just hopped into the lead.
The Washington Post reported today on a comprehensive study of Fairfax County that was compiled by two Montgomery County government staffers over a period of several months last year. The results show that residents of Fairfax County are richer, taxed less, and have a better job economy and higher property values than their Montgomery County counterparts.
The Post alluded to the report as something of wake-up call for the Maryland county’s future:
Montgomery officials described the effort as a friendly attempt to learn how the Washington region’s biggest county manages its affairs. But the burb-on-burb statistical bake-off also represents something of a proxy in the struggle among Montgomery officials over the county’s future growth.
Here are how the two counties lined up against one another in some key categories of the “burb-on-burb statistical bake-off.”
Montgomery County | Fairfax County | |
---|---|---|
Median Income | $94,000 | $107,000 |
Median Housing Value | $489,400 | $523,600 |
Unemployment Rate | 5.2% | 4.7% |
Median Housing Sales Price | $395,000 | $371,000 |
Foreclosure Rate | 2.4% | 3.3% |
Personal Income Tax | From 5.2 to 9.45% | From 2 to 5.75% |
See other articles related to: fairfax county, montgomery county
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/in_a_statistical_bake_off_fairfax_trumps_montgomery_county/1721.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
Today, UrbanTurf takes a look at the distinct differences between these two popular f... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Despite it being a slower year for the housing market in the DC area, there are two B... read »
DC restaurant Pascual makes national best new restaurant list; Minetta Tavern is abou... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro